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FHFA to Keep COVID-19 Loan Flexibility Through February

The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will extend several flexible standards for loan originations by another month.

“The changes are to ensure continued support for borrowers during the COVID-19 national emergency,” according to the agency.

Originally set to expire on January 31, the flexibilities will now last until February 28.

Read the full press release.

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